Klaviyo, Inc. $KVYO Stock Holdings Boosted by Russell Investments Group Ltd.

Key Points

• Russell Investments Group Ltd. increased its stake in Klaviyo, Inc. by 148.3% during the first quarter, bringing its total holdings to 40,706 shares valued at approximately $1.26 million.
• Insider sales included Klaviyo CEO Andrew Bialecki, who sold 226,702 shares for about $7.14 million, reducing his ownership in the company.
• Analysts have generally given Klaviyo a positive outlook, with 18 buy ratings and an average price target increase from $40.00 to $55.00 by Piper Sandler.

Russell Investments Group Ltd. increased its holdings in shares of Klaviyo, Inc. (NYSE:KVYO - Free Report) by 148.3% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 40,706 shares of the company's stock after purchasing an additional 24,309 shares during the period. Russell Investments Group Ltd.'s holdings in Klaviyo were worth $1,263,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of KVYO. Vanguard Group Inc. lifted its stake in shares of Klaviyo by 9.7% in the 1st quarter. Vanguard Group Inc. now owns 8,467,933 shares of the company's stock worth $256,240,000 after acquiring an additional 746,078 shares during the period. Whale Rock Capital Management LLC lifted its stake in shares of Klaviyo by 7.4% in the 4th quarter. Whale Rock Capital Management LLC now owns 3,868,451 shares of the company's stock worth $159,535,000 after acquiring an additional 267,845 shares during the period. D. E. Shaw & Co. Inc. lifted its stake in shares of Klaviyo by 195.4% in the 4th quarter. D. E. Shaw & Co. Inc. now owns 1,310,227 shares of the company's stock worth $54,034,000 after acquiring an additional 866,749 shares during the period. Two Sigma Investments LP lifted its stake in shares of Klaviyo by 53.1% in the 4th quarter. Two Sigma Investments LP now owns 1,124,433 shares of the company's stock worth $46,372,000 after acquiring an additional 389,779 shares during the period. Finally, Two Sigma Advisers LP lifted its stake in shares of Klaviyo by 48.2% in the 4th quarter. Two Sigma Advisers LP now owns 997,900 shares of the company's stock worth $41,153,000 after acquiring an additional 324,400 shares during the period. Institutional investors and hedge funds own 45.43% of the company's stock.

Klaviyo Stock Down 4.6%

Shares of KVYO traded down $1.48 during mid-day trading on Tuesday, hitting $30.96. The company had a trading volume of 779,880 shares, compared to its average volume of 1,889,516. The business's 50-day simple moving average is $32.35 and its 200-day simple moving average is $32.91. Klaviyo, Inc. has a 1-year low of $23.77 and a 1-year high of $49.55. The stock has a market cap of $9.29 billion, a PE ratio of -124.00 and a beta of 1.36.

Klaviyo (NYSE:KVYO - Get Free Report) last announced its quarterly earnings results on Tuesday, August 5th. The company reported $0.16 earnings per share for the quarter, beating analysts' consensus estimates of $0.13 by $0.03. The firm had revenue of $293.12 million for the quarter, compared to analysts' expectations of $275.97 million. Klaviyo had a negative net margin of 6.19% and a negative return on equity of 1.12%. Klaviyo's revenue was up 31.9% compared to the same quarter last year. During the same period in the previous year, the company posted $0.15 earnings per share. Klaviyo has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. On average, sell-side analysts expect that Klaviyo, Inc. will post 0.04 earnings per share for the current year.

Insider Activity at Klaviyo

In related news, President Stephen Eric Rowland sold 7,105 shares of Klaviyo stock in a transaction on Monday, August 18th. The shares were sold at an average price of $31.46, for a total value of $223,523.30. Following the completion of the sale, the president owned 445,726 shares in the company, valued at approximately $14,022,539.96. The trade was a 1.57% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Carmel Galvin sold 11,155 shares of the business's stock in a transaction on Monday, August 18th. The shares were sold at an average price of $31.67, for a total transaction of $353,278.85. Following the sale, the insider owned 675,833 shares of the company's stock, valued at approximately $21,403,631.11. The trade was a 1.62% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 4,314,085 shares of company stock valued at $143,324,991. 53.24% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on the stock. Stifel Nicolaus reduced their target price on shares of Klaviyo from $45.00 to $40.00 and set a "buy" rating for the company in a research note on Tuesday, July 15th. Wells Fargo & Company upgraded shares of Klaviyo from an "equal weight" rating to an "overweight" rating and increased their price target for the company from $32.00 to $40.00 in a report on Friday, June 13th. Barclays increased their price target on shares of Klaviyo from $35.00 to $38.00 and gave the company an "overweight" rating in a report on Wednesday, May 7th. Piper Sandler increased their price target on shares of Klaviyo from $40.00 to $55.00 and gave the company an "overweight" rating in a report on Wednesday, August 6th. Finally, Scotiabank set a $35.00 price target on shares of Klaviyo and gave the company a "sector perform" rating in a report on Wednesday, May 7th. Eighteen research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $43.65.

Klaviyo Company Profile

Klaviyo, Inc, a technology company, provides a software-as-a-service platform in the United States, other Americas, the Asia-Pacific, Europe, the Middle East, and Africa. The company offers Klaviyo, a cloud-native platform for data store, segmentation engine, campaigns and flows, and messaging infrastructure.